Trader-VincentH

Trader-VincentH Updated 

In my previous post I mentioned a wave 5 downside structure of GBPJPY heading to 145, but I'd like to emphasize that all TA patterns can be broken by important FA factors, like Brexit, negotiation with EU,presidential election etc.When the market move against u or moving not so ideal as u expected, take actions accordingly , either stop loss or trade with the new...

Trader-VincentH Updated 

In my previous chart I analyzed 5 wave structure downside movement, and the structure failed to finish the 5th wave due to fundamental factor by hawkish speeches , which also warned u that TA tools' weakness confronting with fundamental factors. Focus the CPI data this Wednesday which may boost the pair moving higher. Now there are 2 patterns for the pair on 1H...

Trader-VincentH Updated 

From the perpective of bond speads, fair of uj shall be above 110 level. 111.60 becomes a short-term support as well. Price closed at 113.5 has been a reflection of investors' view on this election, that it to say, they are buying the Abeconomics which will accelerate the depreciation of Yen in next 3-4 years. Price probably open high with gap this Monday,...

Trader-VincentH

On 4H chart price reached around 6200 level, approaching to the target of the 5th wave on daily chart mentioned in previous post. RSI bearish divergence formed, now stepping down together with the price action, wandering within the oversold region. Given the situation of rising dollar, probably the 5th wave is ending, either extensions or correction formation to...

Trader-VincentH Updated 

As discussed in previous post about NZD, the dovish bias may further drive the NZD moving down. Divergence among policies between BOE and RBNZ will further drive the pairs moving higher. Technically, in Daily Chart, the pair is supported by the rising cloud and 200 MA, meanwhile, a triangle wave is forming within the potential impulse wave structure. If price...

Trader-VincentH Updated 

On weekly chart we can find there was a huge bullish crab near 0.7730, and price rebounded back to 0.7890, failed to climb up over 0.79 level, a lower high means the continuation of downtrend. From price action and ICH perspective, I prefer short the pair and target see below labels: 0.7730 baseline level cofluence with D point of bullish 0.7626 127% fibo Ext...

Trader-VincentH

On weekly chart of the pair, prices confluence at 2 important levels: 1.67 and 1.7286 Ideally the pair is about to finish its wave C at 168% Ext of wave A, which also lies at 78.6% RET of XA, the ideal short entry of bearish gartley pattern. Thus the plan can be set as : long in short term with target at 1.7286, then consider to short judging by price action...

Trader-VincentH

On weekly chart of the pair, prices confluence at 2 important levels: 1.67 and 1.7286 Ideally the pair is about to finish its wave C at 168% Ext of wave A, which also lies at 78.6% RET of XA, the ideal short entry of bearish gartley pattern. Thus the plan can be set as : long in short term with target at 1.7286, then consider to short judging by price action...

Trader-VincentH

On 4H chart price is moving within the huge triangle along with lower high points and higher low points, potential breakout in some time near future. A new bullish bat formed at 84 level, and price has been testing 82 level since mid September, suggesting a bottom formation. See if price can reach the upper edge at 95 level.

Trader-VincentH

Maybe some of u feel happy to buy dip this week if u noticed my posts this Monday and last week. Actully someone said I was insane when I posted the charts in chatroom, as they do not believe the price can even move higher or for fear of holding this long position due to its volatility. Well I'd say that the structure moves quite clearly not only because of its...

Trader-VincentH Updated 

On 4H chart we find the price is consolidating after a furious spike. Watch the support levels near 5448 and 5330, buy dip accordingly, and may retest 5837 level mentioned in my last post.

Trader-VincentH Updated 

In daily chart , bitcoin is finishing a standard 5-wave impulse structure since March. And price completed wave 4 in mid Sep which is not lower than top of wave 1 near 3000 level. Now let's wait to see if there is any extension of wave 5, and focusing higher target.Price actually hit 5837, 1.27 extension of wave 3 level then dropped down below 5700 just in few...

Trader-VincentH

Falling price mainly caused by rebouncing dollar, while a bullish bat near 290 now is forming. Notice that 296 is also a fibo RET of previous drop, price may meet support there, also a potential set up entry though not good as 290 level.

Trader-VincentH Updated 

On 4h chart of ETHBTC, there is a potential H&S pattern, target to price labels above, with relative weak MACD momentum hints a recovery See if price can stand above neckline and buy dip.

Trader-VincentH Updated 

On hourly chart, we can see bullish divergence with MACD, and a new bullish crossover hints a further advance. Fundamentally, if BOE considers to raise rate given a higher CPI data this week, together with the easing of QE tapering in euro zone, the pair is about to move high rapidly. See 1.1350 if price breaks 1.1291.

Trader-VincentH Updated 

On daily chart I mentioned it is now in downtrend or correction movement with the rebouncing of usdollar and dovish speech. If some one shows interest in short term trading with good risk-reward ratio, u may consider to take anti-trend trade, trying to capture the retracement of the pair and take profit quickly. On 1h chart, there is a bullish cypher pattern of...

Trader-VincentH Updated 

Neo has already breakthrough the falling wedge, with bullish MACD signals, met resistance near 32 level. By dip near 29, target 1 can be set to 32. The similar situation on NEOBTC pls find in my previous post.

Trader-VincentH Updated 

On daily Chart of ripple, price closed with a shooting star, and a bearish bar formation right now, together with dead cross of MACD, hints the start of further downside movement. Target set to 0.1715, and further downside prevails if break the support zone below.